The company reported revenue of Y122.66 billion, a substantial climb from the Y99.14 billion recorded in the same quarter a year earlier. This growth trickled down to the operating level, where profit reached Y13.46 billion, marking a clear improvement over the Y9.58 billion recorded during the previous fiscal first quarter. According to the company's financial statement, these results were calculated under IFRS accounting standards.
In section Market Quotes
Sushiro Global Profits Surge 39% on Robust First-Quarter Sales
Sushiro Global Holdings Ltd. posted a sharp rise in first-quarter net profit to Y8.55 billion, buoyed by a significant double-digit increase in revenue. The results for the period ending December 31 show the Japanese sushi chain operator outpacing its previous year's performance as consumer demand in the dining sector remains resilient.
Key Financial Indicators
The bottom-line expansion was reflected in earnings per share, which climbed to Y75.42 from Y54.18. Pre-tax profits also saw a healthy bump, reaching Y13.21 billion compared to Y9.34 billion in the prior period. Diluted earnings per share for the quarter stood at Y74.61, up from Y53.65.The performance highlights a strong start to the fiscal year for the Tokyo-listed firm (3563.TO). By maintaining momentum in its core Japanese market, the conveyor-belt sushi leader continues to scale its operations and improve margins despite broader economic shifts in the regional hospitality industry.
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